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Spanish workers stage protest against Alcoa’s decision to close down two of its smelters
17 NOV 20183MINS

Spanish workers stage protest against Alcoa’s decision to close down two of its smelters

On November 8, around 10,000 Spanish workers reportedly marched in Aviles, Spain, protesting the US-based aluminium giant Alcoa’s proposal to close down two of its smelters. They even sought for the intervention of the government regarding the said matter but received a hostile response. According...

ALRO Group’s turnover rises 12% YoY driven by higher aluminium prices during Jan-Sep 2018
16 NOV 20182MINS

ALRO Group’s turnover rises 12% YoY driven by higher aluminium prices during Jan-Sep 2018

ALRO, one of the largest vertically integrated aluminium producers, by capacity, in Europe, published its consolidated financial results for the first nine months of 2018. ALRO Group turnover stood at RON 2.3 billion during January-September 2018, as compared to RON 2 billion during...

Poland aluminium scrap import to rise in 2018: Germany to be the primary supplier
16 NOV 20182MINS

Poland aluminium scrap import to rise in 2018: Germany to be the primary supplier

Poland imported US$230.5 billion worth of goods from all over the world in 2017, out which aluminium accounted for 5.7 per cent of the total imports of the country. However, aluminium scrap imports by Poland in terms of volume decreased year-on-year in 2017, although the cost stood higher....

Italy’s 2017 aluminium structures import up by 20%, export down by 2%
15 NOV 20182MINS

Italy’s 2017 aluminium structures import up by 20%, export down by 2%

Italy’s aluminium structures imports increased 20% year-on-year to 38497 tonnes in 2017. The country has been following an upward pattern for aluminium structures import for the last three years. Aluminium structures export from Italy is slated to witness a significant increase in 2018, after a...

Aluminium car engine components producer Montupet records 10.7% rise in turnover but 4.4% dip in pre-tax profits
14 NOV 20182MINS

Aluminium car engine components producer Montupet records 10.7% rise in turnover but 4.4% dip in pre-tax profits

The French car parts firm Montupet’s new accounts has revealed a rise in turnover at the company’s Northern Ireland operation by 10.7 per cent to £87.3 million last year ended on December 31, The Telegraph UK reported. Headed by John McMichael, Montupet produces aluminium engine components for car...

Germany’s aluminium powder and flakes import from Russia to grow 9.21% & Austria 11.2% Y-o-Y
13 NOV 20182MINS

Germany’s aluminium powder and flakes import from Russia to grow 9.21% & Austria 11.2% Y-o-Y

Germany’s import of aluminium powder and flakes are reportedly witnessing a year-on-year growth. According to global export-import data, Germany in 2017 had imported 31,135 tonnes, up almost 8 percent from 28,885 tonnes in 2016. This year is estimated to record no exception either. The total import...

Vetroplas partners with Spanish aluminium bottle manufacturer Envases to extend packaging options
12 NOV 20181MINS

Vetroplas partners with Spanish aluminium bottle manufacturer Envases to extend packaging options

The UK-based packaging company Vetroplas has reportedly got into a partnership with Spanish aluminium bottle manufacturer Envases to extend its packaging options to the UK cosmetic and personal care market. Envases with over 60 years of experience produces highly decorative aluminium packs with...

Germany's aluminium scrap export  to grow 9.7%  YoY in 2018; export revenue on the rise on improved prices
12 NOV 20182MINS

Germany's aluminium scrap export to grow 9.7% YoY in 2018; export revenue on the rise on improved prices

Germany, a major aluminium market in Europe and home to the world’s largest automakers, contributes 25% of total aluminium consumption in Europe is one of the leading scrap exporters in the world. German aluminium processors produce about 300,000 tonnes of recycled aluminium. The country's...

Liberty seals funding agreement for Rio’s Dunkirk aluminium smelter
10 NOV 20182MINS

Liberty seals funding agreement for Rio’s Dunkirk aluminium smelter

British-owned Liberty, part of Sanjeev Gupta’s global GFG Alliance, has received the financing for the purchase of Aluminium Dunkirk, Europe’s largest aluminium smelter from Rio Tint. The company has entered into a committed financing agreement with a syndicate of major international banks. The...

Aleris reports higher EBITDA on improved rolling margins & favourable metal spreads
09 NOV 20182MINS

Aleris reports higher EBITDA on improved rolling margins & favourable metal spreads

Aleris reported net loss of $26 million in the third quarter of 2018 compared to a net loss of $66 million in the third quarter of 2017. Adjusted EBITDA increased to $77 million in Q3 2018, from $46 million in Q3 2017. Improved rolling margins and favourable metal spreads increased adjusted EBITDA....

One Equity Partners acquires Netherlands-based aluminium and laminate packaging firm Alltub
06 NOV 20182MINS

One Equity Partners acquires Netherlands-based aluminium and laminate packaging firm Alltub

One Equity Partners has acquired Netherlands-based aluminium and laminate specialty packaging firm Alltub from Aurora Capital Group’s affiliate Aurora Resurgence. Amsterdam based Alltub offers aluminium and laminate packaging solutions for customers in the cosmetics, pharma, food and industrial end...

Germany’s aluminium scrap export to see a surge this year but import to stand down
02 NOV 20182MINS

Germany’s aluminium scrap export to see a surge this year but import to stand down

Germany’s automotive industry generates a large amount of aluminium scrap. Every year, the country exports around 1 million tonnes of scrap and it tends to grow year on year. According to the global export-import data, Germany had exported 1.05 million tonnes of aluminium scrap in 2016, which...

Novelis to open Customer Solution Centers (CSCs) to enhance collaboration with automakers
01 NOV 20182MINS

Novelis to open Customer Solution Centers (CSCs) to enhance collaboration with automakers

Novelis Inc., the world leader in aluminium rolling and recycling has announced its plan to build a global network of Customer Solution Centers (CSCs). This is aimed at accelerating collaborative innovation between Novelis and automakers for designing next generation cars. Novelis will work with...

CanPack inaugurates new aluminium can production line at its Bucharest plant
31 OCT 20181MINS

CanPack inaugurates new aluminium can production line at its Bucharest plant

CanPack, the only aluminium beverage can producer in Romania, has inaugurated a new production line at its Bucharest plant, with an investment of over EUR 50 million. The new line will allow the company to increase its production capacity from 950 million to 1.55 billion cans per annum. The company...

Gränges adjusted operating profit increased by 8% during Jan-Sept 2018
30 OCT 20182MINS

Gränges adjusted operating profit increased by 8% during Jan-Sept 2018

Gränges, a supplier of rolled aluminium products for heat exchanger, presented interim results for the nine months 2018. The company’s sales volume increased to 287.5 ktonnes (286.5). Net sales stood at SEK 9,836 million (8,701). Adjusted operating profit stood at SEK 813 million (754), up 7.9%,...

U.S. aluminium tariffs yet to show impact on major foreign aluminium producers;  consumers get the blow
30 OCT 20183MINS

U.S. aluminium tariffs yet to show impact on major foreign aluminium producers; consumers get the blow

European aluminium industry was reeling under pressure when Trump decided to place strict tariffs on imported steel and aluminium in March. However, a Wall Street Journal report says, European aluminium companies have not yet felt much pain over the tariffs. Imports still account for majority of...

Granges to invest SEK 400 million to improve efficiency and expand capacity at Finspång facility
29 OCT 20182MINS

Granges to invest SEK 400 million to improve efficiency and expand capacity at Finspång facility

Gränges,a global supplier of rolled aluminium products for heat exchanger applications and other niche markets, announced it will invest SEK 400 million to improve efficiency and expand the production facility in Finspång. Finspång facility, which produces advanced aluminium materials for heat...

Aluminium drink cans recycling at new record high in Ireland
25 OCT 20182MINS

Aluminium drink cans recycling at new record high in Ireland

Repak, Ireland’s only government-approved packaging recycling scheme, announced the recycling rate for aluminium drinks can in Ireland continued upward trend in 2017. The latest data showed that more than 7 out of 10 aluminium drink cans sold and consumed in the country in 2017 were collected for...